1. Wells Fargo Spanked By Fed After Board Gives Itself Whitewash

    Wells Fargo Spanked By Fed After Board Gives Itself Whitewash

    The bank all but declared victory, highlighting its "strong actions" to improve corporate governance . But for federal banking regulators, it wasn't enough. On Friday, Wells Fargo announced additional sanctions imposed by the Federal Reserve that include replacing four more directors and an agreement ...

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